Dmertz,
Following this thread. Thanks for all of the knowledge. I contributed something like $8K over the $6,000 2020 limit in my Roth IRA. I got my excess contributions returned to me in two installments. One for about $5400 in December 2020 and another for $4K in January 2021 (Trying to convey I’m now firmly under the $6K limit). The 1099-R I received in late January 2021 only had the first installment listed, with 8J distribution codes. I contacted the custodian and they put in a case to get me a corrected 1099-R showing the the total of both installments. I have not yet filed my 2020 taxes. Assuming the corrected 1099-R will also have 8J codes and nothing in box 2a (I am fairly certain I’m only withdrawing principle?) do I need to report anything at all on my taxes?
You’re doing God’s work with the knowledge share. Appreciate any and all assistance.
